Page 6 Advertisements Column 3

Wanganui Chronicle, Volume 86, Issue 60, 12 March 1942, Page 6

AUCTION SALES. AUCTION SALE OF GOOD THINGS. IN ALP’S AUCTION MART, TO-DAY (THURSDAY), MARCH 12, 1 P.M. (Note Hour) Beautiful Chesterfield suite, good Columbia wireless, 30 NEW KAPOC MATTRESSES (single and double), case of gent’s wearing apparel, consisting two suits (as new), 2 overcoats, pyjamas, wol]en under-clothing (all as new), SINGER SEWING MACHINE, motor bike, side car. big line BLINDS, LONG CURTAINS, babycar seat, d.s. cot, air gun. lawn . roller, baby’s sleeping basket, scythe, water can, hay knife, fork, good line tools, churn, corner cupboard. lot nice sundries. ALSO-8.0. HEN AND 11 CHICKS PLEASE NOTE SALE STARTS 1 P.M. H. ALP, Auctioneer and Valuer. \VANGANUI AUCTION MART. FRIDAY, MARCH 13. 12 noon: Selling table and laying fowls, pullets, cockerels, ducks, apples, peaches, tomatoes, bacon, smoked fish, fresh vegetables, ranges, and sundries. J. A. COOPER. Auctioneer.

MACDUFFS, LTD. A profit of £32.844 for the year ended December 31 last is shown in the annual report of Macdull's Ltd., which states that the turnover was well maintained despite w.-u conditions. The profit and lot’s appropriatin’, account now stands as follows:—By balance carried forward from December 31, 1940, £6479 ; by net profit for the year ended December 31, 1941, £32.844; total, £39,323. Dividend paid to preference shareholders at the rate of 6 per cent, per annum (less taxes) for the period to September 30, 1938, £5968; provision for taxation on profit for the year ended December 31. 1941, £20,938 ; in all £29,906, leaving a balance of £12,417. The directors recommend paymemnt of a preference dividend at the rate of 6 per cent, per annum for 12 months to September 30, 1939. After deduction of Social Security and National Security charges this requires £7776. They also recommend that £2OOO be paid to write down capital losses on closed stores. This will leave a balance in profit and loss appropriation account of £2641. Mr. Charles Todd, chairman of directors, is retiring on account of health reasons, and three other directors, Messrs. W. Appleton, W. J. Candy and J. S. Land have also tendered their resignations as directors of the company. It is understood that the last three have resigned because of a disagreement concerning policy. WOOLWORTHS (VIC.), LTD., DIVIDEND The secretary of Woolworths (Victoria), Ltd., advises the Stock Exchange Association of New Zealand that, subject to any Federal Government legislation affecting the rate of preference dividends, a dividend of 3| per cent, for the half-year ended March 31, 1942, has been declared on the 7 per cent, preference share capital of the company, and will be payable on April 15, 1942. The preference share transfer books will be closed from March 24 to 31, 1942, inclusive. INTERIM DIVIDEND DEFERRED Cox Bros. Aust.). Ltd.. Melbourne, have advised the Stock Association of New Zealand under date February 21, that turnover and trading results for the half-year ended Januaary 31, 1942. were "atififactory. The directors have deferred consideration of interim dividends till the effect of the. new financial regulations is better understood.